Yes, we do! You’ll have to put down a deposit, but we love happy customers so we do our best to tailor layaway plans to your needs.
We accept most major forms of payment when you purchase items from our store.
This includes: CASH, ATM/debit, and Visa, MasterCard, and American Express.
Our apologies… we are not yet hip to the jive of this so-called “Bitcoin” you speak of.
Well, that depends on what you meant by “guarantee”?
If you meant: do we guarantee that what we are selling is genuinely what we claim it to be, then yes we do! We guarantee that every item we sell is what we claim it to be. If we say that it is gold, it is gold. If we say it is a diamond, we guarantee that it is. In the extremely unlikely event that something turns out to not be what we purported that it was (so far never happened in over 35 years, but we’ll entertain this hypothetical nonetheless because we are nice people and are happy to answer), we would gladly refund the purchase price to you if, within a reasonable time of course, you return the item to us in the same condition in which we sold it to you. Although your trust in us certainly shaky at best by this point, you understand that nobody could possibly be perfect all the time, and feeling a bit forgiving, you consider letting your refund ride on a sweet Rolex that we totally guarantee is most certainly the Rolex that we claim that it is and are now giving you even more of a killer deal than we otherwise would have because we want you to leave happy.
If you meant: do we guarantee that we are transferring clear title to you in the item you are purchasing, then yes we do! We guarantee that we have clear title in the items we sell and that if you purchase an item from us, you are receiving clear title in that item.
If, on the other hand, you meant: do we guarantee the item you purchased to work once you leave the store (like a warranty?), unfortunately, no we do not. We do not guarantee items to work once you leave the store with it. All items we sell are in a “used” condition (unless we specifically label it as “new”) and are sold “as-is,” so we cannot guarantee the items to work once out of our possession and control. We like to call this our “concrete guarantee” … we guarantee it until your your feet hit the concrete outside the store.
We do, however, allow and encourage customers to thoroughly inspect and test items in our shop before purchasing them. For example, if you are worried that a vintage early 60s Fender Princeton Reverb amplifier you are interested in buying from us for a really great price is too good to be true, you can come on in with your guitar (or borrow one of ours, of course) and throw down a good session on it, really get in there and test the tubes and all of those settings and knobs, so you can rest assured that the amp you obviously ended up purchasing is one that will be a pleasure to your ears for years to come.
If you are redeeming your item (i.e., paying back principal and charges and taking your item home with you), we accept only cash and debit/ATM.
If you are rewriting your loan (i.e., paying only the charges and rolling the loan over for another four months plus ten days), cash, debit/ATM and money order are all accepted.
We do NOT accept any credit card as a form of payment on loans.
Someone must come in person to pay the charges on your loan. This means that either you or someone 18 years of age or older that you have authorized in writing (dated and signed by you) to come in on your behalf can come in to pay the charges to roll over your loan. The loan remains in your name regardless of who comes in to pay the charges.
Yes. California law requires a loan origination from a pawn shop to be conducted in person.
Unfortunately, we do not make loans on automobiles, motorcycles, boats or aircraft … except in the rare event that you can physically carry one into the shop. For example, we may possibly make a loan on a picture of a car!
If you cannot afford to pay back the loan and charges, customers are usually welcome to rewrite the loan – i.e., pay just the charges and roll the loan over for a new four month plus ten day term.
NOTE: some loans, often on electronics, may not be renewable – customers are notified of the non-renewable status of a loan at the time of originating the loan.
And remember: you are not required to pay back the loan and you can decide to walk away from the debt if you so choose. Forfeitures are never reported to any credit agency of any kind, and therefore will never affect your credit rating.
We make loans on items of value that can physically be carried into our store.
We often make loans on: jewelry, gold, platinum, silver, diamonds, other precious stones, coins, watches, sterling flatware, musical instruments, microphones, amplifiers, other music equipment, art objects, statues, paintings, drawings, lithographs, cameras, other photo equipment, tools, and more.
We encourage customers to call us at 1-323-462-5599 to ask if we make loans on the type of item(s) you have.
Unfortunately, we are unable to make loans on automobiles, motorcycles, boats or aircraft.
Pawning an item means that you are using the item as collateral for a cash loan.
A typical pawn transaction occurs in the following manner: you bring in an item of value to our shop and we negotiate until we mutually agree on an amount that you would borrow, and that we are willing to loan you, on the item. Once an agreement is struck, you fill out some quick paperwork and within minutes you walk out the door with CASH in your pocket. We hold onto your item as collateral during the course of the loan and store it safely in our secure storage facilities until your return.
You have four months plus a ten day grace period to come back and either pay back the principal of the loan plus charges and take your item home with you, or just pay the charges and roll the loan over for an additional four months and ten days. (NOTE: some loans, often on electronics, may not be renewable – customers are notified of the non-renewable status of a loan at the time of originating the loan).
Customers are not legally required to pay back the loan and can decide to walk away from the debt if he or she chooses. Forfeitures will never be reported to any credit agency of any kind.
The term of the loan, which is set by California law, is four months with an additional ten day grace period. At the end of four months, if you have not yet returned to pay back your loan, we will send you a notice to remind you that your loan has come due. We send the notice via registered mail to the address you provided us at the time of obtaining the loan. You will then have ten days to come in and pay the charges on the loan.
Can’t make it in on time? We don’t want you to lose your valuable – give us a call and we’ll be happy to work something out!